What’s the basic ingredient that you need for a successful startup? The answer to the question is for the startup to be successful you need to hire the team of best people from the industry. Employees are the one who builds a business. There is a shortage of talented people so finding the right ones can be hard. Thus, the problem is not only limited to scare talent available, but it’s also the limited budgets and minimal brand awareness that startups have in their initial time that makes hiring even harder. As the best fish in the sea cannot be afforded by small business. So here the question arises How you can you hire the best with limited resources? So in this article, you will come to know about smart strategies to hire people for the startup
Don’t hire High-level executives
High-level executives should not be hired until the company has seen some growth. Your business has merely started so obviously, your startup cannot afford to give potential employees higher salaries and other perks and benefits which they can get in an already established firm. So, it’s better to hire employees who are looking for an opportunity to showcase their talent. You may hire the one if he lacks in experience but has required skills. You may start looking at places where others are not looking.
Be skeptical of friends
It’s easy and tempting to hire people you already know or your acquaintances when you start a business. It can fine until they are qualified and have the required skills, but if not it can be a bad choice. It’s important to hire employees who can advance your business. Hiring friends or family who does not fit can ruin the growth of your startup.
Build your brand first
You are a small fish in a big pond so, it becomes very important for you to first become visible. You need to build your brand so that skilled people can find you. It’s important for your startup to invest in building a market image. The more visible you are, the more likely professionals will remember your small business when on the job hunt.
Don’t settle for less
Sometimes for you as the owner of a business, it becomes tempting to hire some help instead of no help. This practice of yours can lead to high damages. Hiring suitable people are very crucial for your startup, you cannot just hire anyone. By hiring wrong employees you can’t afford to lose time, money. Since you have just started you are not in a position to face results from a bad hiring choice.
Impress the candidate
Understandably it’s the candidate duty to impress you but because you have just started, it becomes equally important for you to impress the candidates. The potential candidate may have other 5 choices and you need to become their first choice. It is also important for you to plan and prepare for an interview in advance.
Use social networks
As the owner of a small business, it is not easy for you to get people you need due to limited resources. What you can do is expand your online network as the internet is a solution to all needs. It’s cheap and an effective way to recruit. Use social media to share your job openings. At the same time be vocal with colleagues about what you are looking for.
It’s worth to stop and think that Do you really need to hire someone? There are many services which can be outsourced. The most obvious and visible benefit that outsourcing brings is cost savings. When you choose to outsource, you can get your job done at a lower cost and at better quality as well.
Another way to get efficient work at a low cost is to get the work done by freelancers. They can work on demand as needed. You can pick and choose work-ready talents with specific skills as per your startup’s demand without giving them training. The work like accounting, manufacturing, Website design, marketing even administrative assistants can be hired on a “virtual” basis now online.
Hiring is an important part of a startup as one wrong decision in this domain can be harmful. By hiring the right person – the business will move in a positive direction and will become more successful in the future